Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Featured News
Highlighting key stories, interviews, and analyses defining the state of digital assets.
Stories 6,054
Coverage footprint 24.5%
Macro
White House admits Iran war burned equivalent of half the US Bitcoin reserve in 6 Days
Estimating the $13B in the US's Iran war spending in Bitcoin highlights BTC's potential as a hedge against military-driven inflation and fiscal strain.

Analysis
Bitcoin faces a liquidity squeeze if the yen surges again and carry trades unwind
Bitcoin can dump without a crypto headline. Watch USD/JPY. A fast yen move can trigger cross-asset margin cuts that spill straight into BTC.

TradFi
Election betting ETFs are quietly turning politics into a liquidity trap for brokerage investors
The new ETF category would make ‘political risk’ tradable on the same rails as Bitcoin ETFs.



















